DJ Anheuser-Busch InBev S.A. ADR Falls Friday, Underperforms Market
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The Anheuser-Busch InBev S.A. ADR $(BUD)$ shed 2.16% to $48.85 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.26% to 5,942.47 and the Dow Jones Industrial Average rising 0.80% to 42,732.13.
This was the ADR's second consecutive day of losses.
Anheuser-Busch InBev S.A. ADR closed $18.64 short of its 52-week high ($67.49), which the company reached on May 17th.
The ADR underperformed when compared to some of its competitors Friday, as Kirin Holdings Co. Ltd. ADR $(KNBWY)$ fell 0.46% to $12.90, San Miguel Corp. (SMGBF) rose 1.32% to $1.53, and Compania Cervecerias Unidas S.A. ADR $(CCU)$ fell 1.67% to $11.22.
Trading volume (3.2 M) eclipsed its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 3, 2025.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
January 03, 2025 16:33 ET (21:33 GMT)
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